(Thethaovanhoa.vn) – Not only holding shares of Nintendo, PIF is also a major shareholder of many other famous game developers.
According to Reuters, the Public Investment Fund of Saudi Arabia (PIF) has bought more shares of Nintendo, bringing its holding ratio to 6.07%. With this amount of shares, PIF has officially become a major shareholder of Mario’s father.
Not only holding shares of Nintendo, PIF is also a major shareholder of many other famous game developers, including: Capcom, Nexon, Koei Tecmo, Activision or EA… PIF does not hesitate to pour billions of dollars. each year into game companies, making it one of the largest gaming investment funds in the world today.
Thus, after acquiring many famous sports clubs, the game industry is the next land that Arab owners target. With great development potential, this promises to be a gold mine for investment funds from the Middle East.
However, one issue that the gaming community is debating is how investment from the Middle East affects the development of the gaming industry. It is important to know that the culture of this region is very different from the rest of the world. And if they want to impose their culture on game products, can the gaming community accept this? The answer to this problem will probably have to wait for time to give the most appropriate answer.